Embarking on the journey of applying for a mortgage with bad credit might seem like uncharted territory, but rest assured, it’s not as impossible as it may appear. While the process shares similarities with any other mortgage application, the key difference lies in the challenge of finding lenders willing to extend a helping hand to those with less-than-perfect credit histories, given the associated risks.
At Mortgage Decisions, we firmly believe that a blemished credit history shouldn’t shatter your dreams of owning a home. The notion that bad credit is an insurmountable hurdle is far from accurate. In fact, bad credit mortgages are designed precisely to bridge the gap between aspiring homeowners and the keys to their dream properties.
In the realm of modern lending, an increasing number of lenders are adopting a more personalised approach. They look beyond the cold numbers of a credit score and delve into affordability assessments and manual applications.
This approach seeks to discern the whole picture, potentially allowing for an override of a low credit score. So, even if your credit history is far from perfect, or if you’ve encountered rejection elsewhere, there’s hope on the horizon.
The good news is we can help
And here’s the beacon of good news: We are here to be that hope for you. The belief that past credit challenges can shroud your chances of securing a mortgage for a new home is one we are determined to dispel.
Whether it’s missed payments, County Court Judgements (CCJs), or even circumstances as complex as an Individual Voluntary Arrangement (IVA), Debt Relief Order (DRO), or Debt Management Plan (DMP), we’re here to extend a hand of support.
At Mortgage Decisions, we see potential where others see obstacles. Our dedicated team is experienced in navigating the intricacies of bad credit mortgages, and we’re committed to turning your homeownership aspirations into a tangible reality.
Don’t let past credit hiccups hold you back – your journey to homeownership begins here.
Call us now on 03454 500200, alternatively, click here and complete this short form about yourself. We’ll be in touch very shortly. With business partners nationwide, you are never too far from financial advice.